Chile vs Guyana
Tax Rate Comparison
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π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π¨π± Chile β Municipal & Regional Taxes
Chile's 16 regions and 346 municipalities do not levy separate income taxes. Municipalities charge patente municipal (business licence fee) based on capital, typically 0.25%β0.5% of net equity/year, capped at ~$8,000 USD. Property tax (contribuciones de bienes raΓces) is national in structure but rates vary 0.075%β1.2% by property type. The SII (tax authority) is national. The Royalty Minero (mining royalty) is a significant revenue source in copper-producing regions.
π¬πΎ Guyana β Regional & Municipal Taxes
Guyana's 10 administrative regions and municipalities levy property rates, market fees, and trade licences. Guyana has experienced a dramatic economic transformation since major offshore oil discoveries (Stabroek Block) began production in 2019. GDP growth rates have been among the world's highest (60%+ in 2022). The Natural Resource Fund manages oil revenues for long-term savings. A long-running border dispute with Venezuela over Essequibo affects regional stability but has not stopped oil development.
Chile vs Guyana: Key Tax Differences (2026)
π° Income Tax: Chile and Guyana have similar top income tax rates (0β40% vs 28β40%).
π VAT/Sales Tax: Chile has a higher consumption tax (19% vs 14%).
π’ Corporate Tax: π¨π± Chile offers a lower corporate rate (27% vs 40%), which can influence business location decisions.
π Capital Gains: π¬πΎ Guyana taxes investment gains at a lower rate (20% vs 22%), benefiting investors.